Economics

Firm-size wage differentials in Switzerland cannot be explained by job heterogeneity. Information on job changes and search behavior of employees were examined. A standard ordinary least-squares wage regression was then carried out using dummies for four firm-size categories supporting a roughly equal employment share. The results indicated that irrespective of conditioning on the current wage, workers employed in larger companies are significantly less likely to look for other employment opportunities.

Does European unemployment prop up American wages? National labor markets and global trade

Article Abstract:

A analysis of American wage effects on European wages reveals that European changes from autarky to free trade doubles European unemployment rates and increases American wages to the European level. The study also finds that unskilled labor from the 'South' raises unemployment in Europe with Europe's commitment to high wages insulating the US from the shocks. Moreover, the influx of migrant workers also lowers European incomes while increasing US incomes.

Economics, Research and Development in the Social Sciences and Humanities, Analysis, Labor economics

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Interindustry wage differentials: evidence from Sweden and a comparison with the United States

Article Abstract:

Wage structures in the US and Sweden were studied and compared. The results indicated that the sizes of the interindustry wage differentials in the US were much greater than the sizes of the differentials in Sweden. Industry variations in working conditions and in the quality of labor contributed to the majority of the wage differentials in Sweden. This suggests that labor-market institutions are relevant for the wage structure of industry.